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it seems to me that washington has a way of doing business and washington will continue to change the way -- or continue to do business the way they have always done it. where is us and wall street, we have to change the way we do business. >> so you don't see a big crash in markets as a fall off the cliff. >> no. i see opportunities for people who are less patient. no, i see it all going down. >> where are your clients moving their money? what are you advising them to do, whether we get a deal or not? are there two completely different strategies? >> there is various things on a similar attitude. big is not always good. i think what we are doing is consolidating and moving towards a smaller environment. i think we have smaller investors who can deliver returns. >> what do you mean by that? types of funtds they are investing in. >> that's correct. i will see many professionals from wall street leaving this side of the business. south side of the business and go to the buy side of the business. and expressing their invest many in the criteria. >> they have what kind of outcome or compr
it seems to me that washington has a way of doing business and washington will continue to change the way -- or continue to do business the way they have always done it. where is us and wall street, we have to change the way we do business. >> so you don't see a big crash in markets as a fall off the cliff. >> no. i see opportunities for people who are less patient. no, i see it all going down. >> where are your clients moving their money? what are you advising them to do,...
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what if it wiped out york and washington? it will work when nothing else does. others would have been knocked off. john: you'll learn about it from tv and radio. i learned about it now. >> i have a battery operated radio. >> the anchor man says this happened. >> this is boondoggle. and you guys never stop. >> make sure the public remains safe. >> 12 hours after the storm began it look like the emergency alert because take shelter now. 12 hours into the storm i am not personally directing it at you this is government thinking spend the money for a second to rate stuff. >> you mentioned of local alert. we have to and include training for emergency workers say you are right. 12 hours is not acceptable that was a failure but to still have dealer system i appreciate the fact i got the alert that said take cover. john: thank you jamie barnett. my government projects may from dangerous chemicals. base steady if this dangerous to wash your hands with this so poor brush with this toothpaste. this toothpaste. their cclusion? this family used capital one venture miles to c
what if it wiped out york and washington? it will work when nothing else does. others would have been knocked off. john: you'll learn about it from tv and radio. i learned about it now. >> i have a battery operated radio. >> the anchor man says this happened. >> this is boondoggle. and you guys never stop. >> make sure the public remains safe. >> 12 hours after the storm began it look like the emergency alert because take shelter now. 12 hours into the storm i am...
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. ♪ ♪ >> gretchen: he gained fame for the christmas in washington special. many are outraged like the mothers of the navy seals. >> performing for the president is disgusting. how do we choose those role models. he should be on a terrorist watch list. it is disgusting to me. >> gretchen: that mother's son mark allenley lee was the first navy seal killed in iraq. it is interesting when you find out things about people when they are famous. that dance craze took over the world. >> steve: i am surprised mr. psy didn't say let me explain what i was talking about. >> gretchen: he did apologize. >> steve: but nonetheless they didn't pull the plug. >> brian: kill their daughters and kill them slowlyy and smash the model of the american tank and called for our men. what do they teach in south korea schools. we are protected them. the checks we right every day to protect them on the dmz line on a daily basis to allow their democracy to flourish, to me this is the niche, niche, niche of all south koreas to feel this way. i would like to find out how americans are trea
. ♪ ♪ >> gretchen: he gained fame for the christmas in washington special. many are outraged like the mothers of the navy seals. >> performing for the president is disgusting. how do we choose those role models. he should be on a terrorist watch list. it is disgusting to me. >> gretchen: that mother's son mark allenley lee was the first navy seal killed in iraq. it is interesting when you find out things about people when they are famous. that dance craze took over the...
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put the washington monument in there. bill says:
put the washington monument in there. bill says:
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we'll start in washington. president obama, speaker boehner met face-to-face over the weekend to talk some fiscal cliff. our john harwood is live at the white house with more on that. john, good morning. >> good morning, carl. you know the president's been very clear since the election that republicans need to give on taxes for people at the top and not just on revenues, but also on tax rates because he says the math can't work otherwise. we've seen some signs of cracking in the republican unity. that suggests we may be getting to the next phase of negotiations. the latest sign was possible corker, the senator from tennessee, who was on our air just a few minutes ago, as you know, saying republicans should concede ground on top tax rates and then get on to other issues. >> the best place for republicans to be, to me, is to pass the rate of rate increases, be done with it, the numbers aprobably much smaller than is going to ultimately be negotiated, and then we still are focused on the right thing, which is enti
we'll start in washington. president obama, speaker boehner met face-to-face over the weekend to talk some fiscal cliff. our john harwood is live at the white house with more on that. john, good morning. >> good morning, carl. you know the president's been very clear since the election that republicans need to give on taxes for people at the top and not just on revenues, but also on tax rates because he says the math can't work otherwise. we've seen some signs of cracking in the...
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washington is in the rearview see, and evebody else is getting ahead of them. >> right. i say that's like every other day in america where threst of the world as head of congress. [laughter] gerri: how is this different? [laughter] >> i think that's right. i think what we're seeing in public is a little bit different from all rehearsing in private. what you're likely to see is republicans agree to some kind of decoupling of the tax rate issue, whether they do it ad this proposal that has been floated that they vote present and let thepresident and democrats on theissue or whether they free up -- whether john boehner frieze of members of congress to vote for some kind of a comprose that would include a rise in rates on the wealthy. i don't know what the mechanisms will be, but you have the negotiations taking place on the one hand, and on the other hand you have negotiations on all the rest of the stuff which is likely to e lumped into some kind of an omnibus bill a series of bills at the end f the year struck the last minute to bail us out of this issue. likely to includ
washington is in the rearview see, and evebody else is getting ahead of them. >> right. i say that's like every other day in america where threst of the world as head of congress. [laughter] gerri: how is this different? [laughter] >> i think that's right. i think what we're seeing in public is a little bit different from all rehearsing in private. what you're likely to see is republicans agree to some kind of decoupling of the tax rate issue, whether they do it ad this proposal...
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until we get a clearer signal out of washington. >> yes. and i think we're going to see this narrow trading range. if there's no resolution, i think the market might react negatively. but i think that's a short-term negative term. but i do think that's a negative possibility. and i do think there's a possibility nothing will come out. >> meantime, the economic reports coming out starting to soften a bit here. do you make of that? >> it's not surprising. i don't think the economy is strong enough to have continued quarterly increases. i think we're going to see this probably for the next six months. you're going to have some good reports. jobless claims will probably get better going fod.
until we get a clearer signal out of washington. >> yes. and i think we're going to see this narrow trading range. if there's no resolution, i think the market might react negatively. but i think that's a short-term negative term. but i do think that's a negative possibility. and i do think there's a possibility nothing will come out. >> meantime, the economic reports coming out starting to soften a bit here. do you make of that? >> it's not surprising. i don't think the...
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>> they get assilated by washington. the washington culture is than talking the language of big government, and it is a deadly, demoralizing language. echoes the demoralization of the media and the -- lou: let's raise some hell, george. let's raise some hell and get some people focused on the right things here. always great to talk to you. >> thank you. lou: george gilder. much more on the fiscal cliff and the republican messaging, if you can call it that, perhaps tonight's broadcast. he egyptians revolting against the brotherhood. syria apparently mixing chemical weapons. the foundation for defense of democracy joins us here in moments. the unemployment rate drops. so did the number of workers in the labour force. we will be taakingbout this economy and what washington is trying to do to it and us next trying to do to it and us next with peter wallace and. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block s
>> they get assilated by washington. the washington culture is than talking the language of big government, and it is a deadly, demoralizing language. echoes the demoralization of the media and the -- lou: let's raise some hell, george. let's raise some hell and get some people focused on the right things here. always great to talk to you. >> thank you. lou: george gilder. much more on the fiscal cliff and the republican messaging, if you can call it that, perhaps tonight's...
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investors continue to focus their attention on washington and the fiscal cliff negotiations. right now the dow was up 34 points. the justice department antitrust division is a record amount of criminal fines this year handing out more than $1.1 billion in penalties. the doj confirmed the ddta provided exclusively to fox business. the jerseys can industry suffered the biggest drop thanks to superstar sandy. atlantic city's casino revenue slipped nearly 28%. each of the city's 12 casinos reported declines with for down for a month. we continue our "countdown to the closing bell" with liz claman. liz: the fiscal cliff talk is everywhere, always good to be hearing about lately, but is there really something else that can be bubbling under the surface that could send the market into a tailspin that we should be talking about now? join me in a fox business exclusive, 2003 nobel laureate in economics and nyse will institute director. he has a whole institute for volatility. spotting risk. we thought let's bring you in and talk about noo the fiscal cliff of the three hidden risks peo
investors continue to focus their attention on washington and the fiscal cliff negotiations. right now the dow was up 34 points. the justice department antitrust division is a record amount of criminal fines this year handing out more than $1.1 billion in penalties. the doj confirmed the ddta provided exclusively to fox business. the jerseys can industry suffered the biggest drop thanks to superstar sandy. atlantic city's casino revenue slipped nearly 28%. each of the city's 12 casinos reported...
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they didn't come to washington to do anything for the american people. they came on an ideological binge and they are staying on that. they are not going to come off of it. so i think that speaker boehner is going to have to cobble up 130 republican votes knowing full well about 45 or 50 of them he's never going to get, and we on the other side of the aisle are perfectly willing to come up with 125 or 130 votes on this issue and let's just meet halfway and get this done. that would give you 260 votes. you don't need but 218 for it to pass. but if you think you're going to do something and get your 218 just from the republicans, then that's not the way to do it. and i think that that's what the problem is here. speaker boehner is being threatened with that 218 votes from the republicans or he is subject to lose 125, 130 of them when he's trying to get re-elected to his speakership. >> do you think he can fight that rebellion off, sir? because there are a number of people who are saying that they would rather replace him as speaker amongst republicans if h
they didn't come to washington to do anything for the american people. they came on an ideological binge and they are staying on that. they are not going to come off of it. so i think that speaker boehner is going to have to cobble up 130 republican votes knowing full well about 45 or 50 of them he's never going to get, and we on the other side of the aisle are perfectly willing to come up with 125 or 130 votes on this issue and let's just meet halfway and get this done. that would give you 260...
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he said he was going to change washington. he was going to change this cozy relationship between business and himself. sandra: but he said he can't change washington from the inside. so he's changed his mind on quite a few things since then. and remember, this is -- we were talking about this during the break, this is what we have seen in the past. this is no different. individuals, 250,000 compared the corporations a million dollars, but remember this s because all the big bucks that were spent during the election. stuart: would you rather have the taxpayer pay for the inauguration or corporations? sandra: absolutely not. i would obviously like the corporations to pay for it. >> what about the extra money he had from his campaign? does he have any extra cash or how about some of our extra stimulus money? we already paid for stuff that we don't need to use. let's funnel that over. stuart: this is a difficult story because we have another record high for food stamp recipients, 47.7 million people on food stamps in september. by
he said he was going to change washington. he was going to change this cozy relationship between business and himself. sandra: but he said he can't change washington from the inside. so he's changed his mind on quite a few things since then. and remember, this is -- we were talking about this during the break, this is what we have seen in the past. this is no different. individuals, 250,000 compared the corporations a million dollars, but remember this s because all the big bucks that were...
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peter barnes in washington with the latest. they were saying we believe actions, we have heard so much chatter, we can't really bet on that. >> right now we're just hearing chatter. the president speaks to senate democratic leader harry reid, we have learned. meeting yesterday at the white house with a speaker banner an in a speech in detroia couple of hours go the president extended little olive branch to the republicans. >> i have said i would work with republicans on a plan for economic growth, job creation and reducing our deficits. and some compromise between democrats and republicans, i understand people have a lot of different views, i'm willing to compromise a little bit. >> i spoke to an aide to one top republican leader who was a little bit upset by the comment the president would be willing to compromise a little bit. the white house did not disclose any details of the meeting with the president and the speaker yesterday only confirmed that communications remain open. tim john boehner remaining discussions are in pla
peter barnes in washington with the latest. they were saying we believe actions, we have heard so much chatter, we can't really bet on that. >> right now we're just hearing chatter. the president speaks to senate democratic leader harry reid, we have learned. meeting yesterday at the white house with a speaker banner an in a speech in detroia couple of hours go the president extended little olive branch to the republicans. >> i have said i would work with republicans on a plan for...
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what does that mean for her fut that's one of washington's favorites, what if. and a video that was played here in d.c. left the political world abuzz, especially after comments like these from benjamin netanyahu and british prime minister tony blair. >> someone who knows a thing or two about political comeback, i can tell you i don't think we've heard the last of hillary clinton. ♪ girl, you're amazing ♪ just the way you are >> i just have an instinct that the best is yet to come. >> according to that same poll, 57% say they would back a clinton presidential bid. later, we'll talk more about 2016, whether clinton will run later, we'll talk more about 2016, whether clinton will run and tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spd
what does that mean for her fut that's one of washington's favorites, what if. and a video that was played here in d.c. left the political world abuzz, especially after comments like these from benjamin netanyahu and british prime minister tony blair. >> someone who knows a thing or two about political comeback, i can tell you i don't think we've heard the last of hillary clinton. ♪ girl, you're amazing ♪ just the way you are >> i just have an instinct that the best is yet to...
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joining me now, washington correspondent for news week and dana millbank, columnist for the washington post. thank you both for being here. >> hi, reverend. >> so the republicans have a blue ribbon panel. do you think they are ready to learn the lessons of this election? >> i think that you can disregard everything these guys said leading up to the election because they talk a good game and they have to have the, you know, bravado and whatnot. now, they really want to be back in power. and they've got to sit down and hammer out what's going to get them there. the problem is, the party can't decide. half of them think it's because mitt romney is too liberal and wasn't enough of a kind of d distinction from obama and half of them think he was just a lousy kacandidate for others reasons and maybe may should have gone with -- i don't know. jeb bush? part of the problem here is that the party itself can't decide what it wants to be. they have to solve this identity crisis on some level. >> now, you know, dana, bill crystal has a weekly stand in. very interestingly, he puts here that they're
joining me now, washington correspondent for news week and dana millbank, columnist for the washington post. thank you both for being here. >> hi, reverend. >> so the republicans have a blue ribbon panel. do you think they are ready to learn the lessons of this election? >> i think that you can disregard everything these guys said leading up to the election because they talk a good game and they have to have the, you know, bravado and whatnot. now, they really want to be back...
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there is this mythology in washington and some of your guys in wall street it is bad for the economy. we keep focusing on the tax side of the equation but don't forget we have a spending site and the republicans a lot more say we don't like that option very much, this is the only way to get spending cuts. $110 billion spending cuts that happen automatically if you don't reach a deal. lori: if we don't rein in spending by meaningful amount will get another debt downgrade to the sovereign debt and it could be all over, interest rates shoot up and you have real problems. >> especially if you look in the future, even on the low interest rates expected within eight years we will spend more in interest payments then national defense, social security and that they care. if the rates go up, you're talking about billions of dollars of additional expenditures. any progress and talk about the last few weeks. lori: thank you. and i will book you for new year's eve. melissa: breaking news, google gmail service having intermittent outages. it is investigating the issue. gmail has 425 million gmail
there is this mythology in washington and some of your guys in wall street it is bad for the economy. we keep focusing on the tax side of the equation but don't forget we have a spending site and the republicans a lot more say we don't like that option very much, this is the only way to get spending cuts. $110 billion spending cuts that happen automatically if you don't reach a deal. lori: if we don't rein in spending by meaningful amount will get another debt downgrade to the sovereign debt...
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that the game, the quarterback position has been revolutionized this year with what rg3 has done in washington and how that offense has changed to fit his skill set, a guy that kind of is similar to mine and then russell wilson what he's doing with his stature and drew brees, as well. >> there's a major argue in "the wall street journal" today about how the changing face of college football and this conference realignment, maybe four super conferences and a lot of it has to do with television. if you weren't in the acc, texas a&m swimping into the s.e.c. excuse me, if you weren't in the s.e.c. and you had to play alabama you think you could have won an award like this? >> it would have been a lot more difficult. the big dwell is a great conference. i don't feel like it has the power that the s.e.c. does and think everybody that's involved in the s.e.c. feels like it's the best conference in the country for a reason. so with the tv and stuff, we were on tv a lot more this year than we have been in the past. so it was good to get noticed a little bit more, and then to play some of the best teams
that the game, the quarterback position has been revolutionized this year with what rg3 has done in washington and how that offense has changed to fit his skill set, a guy that kind of is similar to mine and then russell wilson what he's doing with his stature and drew brees, as well. >> there's a major argue in "the wall street journal" today about how the changing face of college football and this conference realignment, maybe four super conferences and a lot of it has to do...
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peter barnes in washington. connell: groups of union workers expected to continue their protest against michigan becoming the nations 24th right to work state. dagen: we should point out, this just gives people the option of opting out from paying union dues. that is all that it does. the governor says he will not take on this divisive issue. low and behold, he is willing to sign it when it shows up on his desk. >> the governor did not want the kind of confrontation with unions, that, for instance, you saw in wisconsin. they put on a referendum on the november ballot saying we want to constitutionally banned the right of right to work. unions defeated the governor, one of the governor's favorite laws which is this emergency manager walt which he is trying to use to desperately save michigan cities that are desperately in trouble, including detroit. connell: he was forced, in your view. he maybe it would not have done it if it was not for that. >> the emergency managers law. connell: the idea that he is in suppor
peter barnes in washington. connell: groups of union workers expected to continue their protest against michigan becoming the nations 24th right to work state. dagen: we should point out, this just gives people the option of opting out from paying union dues. that is all that it does. the governor says he will not take on this divisive issue. low and behold, he is willing to sign it when it shows up on his desk. >> the governor did not want the kind of confrontation with unions, that, for...
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is it the people in washington state? is it the president when he first said he supported same-sex marriage? do you think there was a pivotal moment that actually really turned things? >> no. i think there's a number of things, and i just couldn't rattle them off. it's a progressive happening with lots of people working behind the scenes. in washington state we had several key legislators who built bridges over the years and worked and reached across the aisle, democrats to republicans, and made that -- helped make that happen by accrual in washington state. across the country all different kinds of things are happening in different ways, and watching public opinion change along with those happenings is -- >> yeah. >> sure. >> it took really about 20 years in this state for people to really get into the fact that the legislators worked tirelessly and it's really been -- >> is there more work to be done? i know the state recognizes the marriage, but when it comes to a federal level, you don't have federal benefits like hea
is it the people in washington state? is it the president when he first said he supported same-sex marriage? do you think there was a pivotal moment that actually really turned things? >> no. i think there's a number of things, and i just couldn't rattle them off. it's a progressive happening with lots of people working behind the scenes. in washington state we had several key legislators who built bridges over the years and worked and reached across the aisle, democrats to republicans,...
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jessica yellin to you in washington. and, first things first, you think here michigan, you think the birth place of unions and you think about all these people who are very frustrated with this, everything i read, it seems to be pretty much a done deal, this right to work legislation, that the governor has indicated he would sign. these are the folks who helped elect the president not too long ago. should the president step in and go to bat for them? >> well, you know, the unions have been enormously supportive of the president as you point out. not only during this campaign, not only as foot stole jer sold helping get out the vote, but also financially with their dollars. the white house already expressed its support for the unions opposing right to work legislation. one of a white house official put out a statement today, matt lairic, saying in part, let me find the statement, president obama has long opposed so-called right to work laws and he continues to oppose them now. the president believes our economy is stronge
jessica yellin to you in washington. and, first things first, you think here michigan, you think the birth place of unions and you think about all these people who are very frustrated with this, everything i read, it seems to be pretty much a done deal, this right to work legislation, that the governor has indicated he would sign. these are the folks who helped elect the president not too long ago. should the president step in and go to bat for them? >> well, you know, the unions have...
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his identity has not yet been released but he is being labeled a hero by the top brass in washington, including secretary of defense leon panetta and president barack obama who in a statement said he gave his life for his fellow americans and he and his teammates remind us once more of the selfless service that allows our nation to stay strong, safe and free. the american navy s.e.a.l. sacrifice has not been lost on dr. joseph's family who, in a statement released their condolences. >> atia abawi in kabul, thank you. >>> the deejays who have made that prank call to the hospital where the duchess of cambridge had been staying have just learned that their show has been canceled after they made a public statement last night. >> reporter: since that interview, we learned that their show will be canceled and prank calls, like the one they made to this hospital, are being suspended by the radio station they work for. worldwide, the storm grows over kate middleton's nurse found dead last week. >> if we played any involvement in -- in her death, then we're very sorry for that. >> reporter: in
his identity has not yet been released but he is being labeled a hero by the top brass in washington, including secretary of defense leon panetta and president barack obama who in a statement said he gave his life for his fellow americans and he and his teammates remind us once more of the selfless service that allows our nation to stay strong, safe and free. the american navy s.e.a.l. sacrifice has not been lost on dr. joseph's family who, in a statement released their condolences. >>...
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more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. >>> the good folks in minnesota are dealing with a lot of snow this morning including minneapolis, where they had over 10 inches of snow. let's bring in alexandra steel. >> you talked about minneapolis and the star tribune there says winter back. welcome, winter back. it's been a poultry few years there and this is their livelihood. so, a big snowfall, the biggest in two years in places like minneapolis. entire season last year, only 22 inches. their biggest last season, only 4 inches of snow. 14 inches. this is 14 miles east of minneapolis. maplewood. so, twin cities picking up about 10.5 inches of snow, so certainly good news for them,
more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. >>> the good folks in minnesota are dealing with a lot of...
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there are only three weeks left until the fiscal cliff, but there's signs this morning the stalemate in washington is starting to break. >> and that's good news for both sides of the aisle. president obama and house speaker john boehner met face to face sunday for the first time in nearly a month. major garrett is at the white house with where things stand this morning. >> reporter: speaker boehner has told the white house and his fellow house republicans he wants the outlines of a fiscal cliff deal no later than this saturday. and if that's to be achieved, events of this past weekend may have proved piftal. obama and boehner met here at the white house sunday, and that meeting left both hopeful those subsequent conversations at the staff level achieved little apparent progress. even so, the president extended the invitation to boehner friday after boehner, for the first time in a press conference, publicly at least hinted he might be open to raising the top income tax rates on the top 2% of american household income earners. that may have cleared an opening for the president and boehner if that d
there are only three weeks left until the fiscal cliff, but there's signs this morning the stalemate in washington is starting to break. >> and that's good news for both sides of the aisle. president obama and house speaker john boehner met face to face sunday for the first time in nearly a month. major garrett is at the white house with where things stand this morning. >> reporter: speaker boehner has told the white house and his fellow house republicans he wants the outlines of a...